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volkswagen boosts finance solutions for customers

Oct 3, 2006

Customers looking to buy a new Volkswagen with finance can now research their options and receive an online quotation from the comfort of their own home using a new facility on the manufacturer’s website – www.volkswagen.co.uk/finance.

Here they can use a new Example Generator to gain details of the kinds of packages available and the costs involved.  Potential customers can select from a list of models, and then choose a deposit amount, as well as mileage and time terms.  The Generator will then produce a detailed quotation. 

Separate sections are available for private motorists and company car drivers, with packages including hire purchase, Solutions (Volkswagen Finance’s personal contract plan), contract hire, finance lease and lease purchase.  And for those people who aren’t financial whizz kids, there are simple explanations of all these products. 

At the same time, worked financial examples will appear in Volkswagen price lists, enabling customers to examine all the options available when purchasing a new car. 

Volkswagen Finance’s Marketing Communications Manager, Phil Grisewood says: ‘Around 80 per cent of new cars are now purchased with some form of finance or borrowing.  Volkswagen Retailers can provide a service to customers interested in purchasing with finance through Volkswagen Finance.

‘As the financial services arm of the Volkswagen Group, Volkswagen Finance supports the retailer network with a range of finance and insurance products including its flexible personal contract plan, Solutions.’

He adds: ‘The combination of brand values and inherent quality along with the flexibility of Solutions could ensure that a customer gets more Volkswagen for their motoring budget, and these latest initiatives are designed to ensure we make this as easy as possible.’

(ends)

Note to editors: Established in 1994, Volkswagen Finance is a trading name of Volkswagen Financial Services (UK) Limited, a wholly owned subsidiary of Volkswagen Financial Services AG, based in Braunschweig, Germany.  Volkswagen Financial Services AG is one of the biggest motor finance companies in Europe with over 2.2 million finance or leasing contracts.  Its highest volume subsidiaries are Volkswagen Leasing GmbH and Volkswagen Bank GmbH with their branches for the other Volkswagen Group brands.  Volkswagen Bank direct is the second largest direct bank in Germany, measured in terms of deposits.

For further information on Volkswagen Finance, or for a finance example, please contact Phil Grisewood, VWFS Press Office, Brunswick Court, Yeomans Drive, Blakelands, Milton Keynes, MK14 5LR, telephone 01908 485797 or 07803 511269.

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